Civil Transactions Law
Art. 583Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. A suretyship may be made for a future debt if the amount is determined in
advance; it may also be made for a conditional debt.
2. If the surety for a future debt does not specify a term for the suretyship, he
may terminate the suretyship, provided that he notifies the creditor of such
termination in a timely manner before the debt becomes due.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded